#TrumpTariffs The debate on #TrumpTariffs has come back into focus with the hypothesis of a new wave of trade tariffs, especially towards China. Trump has always argued that tariffs are a tool to protect American industry and reduce the trade deficit, but the effects have been controversial. On one hand, some manufacturing sectors have benefited from increased protection, while on the other hand, consumers and businesses have faced rising prices on imported goods. Moreover, Chinese retaliations have heavily impacted U.S. agriculture. If he were to be re-elected and reintroduce aggressive tariffs, there is a risk of a global escalation that could affect markets, inflation, and supply chains. The issue remains profoundly divisive.
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